The marginal product of input a is the additional output that the firm can produce by adding one more unit of input a multiplied by the marginal revenue of input
a.
False

Question

Quizplus · Accepted Answer

The marginal product of input a is the additional output that the firm can produce by adding one more unit of input a. The marginal revenue of input a is the additional revenue generated by adding one more unit of input a. These are two separate concepts and are not multiplied together.

The Marginal Product of Input a Is the Additional Output